Open-source software (OSS), by its nature, is sometimes overlooked as part of technology transactions. OSS is often a key aspect of a business’s software ecosystem, whether it is used in internal systems or forms a fundamental part of solutions that are sold to customers or used to provide services to customers; however, OSS often sits in the background, as a foundation of a software solution, and can therefore go unconsidered by those not familiar with its uses, benefits, and risks….
Why it matters:
- OSS oversight can lead to incomplete technology transaction assessments
- Understanding OSS risks and benefits is crucial for proper due diligence
Key Points
- OSS is often overlooked in technology transactions despite being foundational
- OSS serves as key component in both internal systems and customer solutions
- OSS typically operates in background, making it invisible to unfamiliar stakeholders
- Lack of OSS awareness can result in incomplete transaction evaluations
- Greater OSS consideration needed for comprehensive risk management
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